Time value of money, interests and financial schemes (simple interest, compounded interest, continuous interests etc.)
Amortization tables.
Internal rate of return and Present Value to judge investment convenience.
Bonds pricing, duration, convexity.
Excel programming and basics of computer coding.
D.Lovelock, M.Mendel, A.L. Wright – An Introduction to the Mathematics of Money, Springer Chapters: 1, 2, 3, 4, 5, 6, 8
Obiettivi Formativi
Learn basic concepts like time value of money, discounting and compounding, basic financial modelling.
Learn how to choose between different financial investments using mathematical thinking.
Prerequisiti
Basic Mathematics (first and second order derivative, Taylor's expansion, limits, logarithms)
Metodi Didattici
On site or Online lessons (according to Covid-19 dispositions), and monthly assignments (not compulsory)
Altre Informazioni
First lesson of the week will usually be theory. Second lesson of the week will be exercises and coding.
Modalità di verifica apprendimento
Written final exam with exercises
Programma del corso
-time value of money
-interests
-financial schemes
-amortization tables
-IRR
-duration, convexity
-bonds pricing
-Excel coding
-recap of linear algebra